Quick charity verification for Southern Organized Cheer Support Inc (EIN: 161761113)
Verdict: Southern Organized Cheer Support Inc appears trustworthy
80/100Mission Score
$12.5MRevenue
$372KAssets
2Red Flags
3Strengths
Red Flags
Significant historical revenue volatility without clear explanation in provided data.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Positive net assets in recent years, suggesting financial stability.
Consistent filing of IRS Form 990s, demonstrating commitment to transparency.
Spending Breakdown
How Southern Organized Cheer Support Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Southern Organized Cheer Support Inc
Is Southern Organized Cheer Support Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Organized Cheer Support Inc (EIN: 161761113) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Southern Organized Cheer Support Inc a good charity to donate to?
Southern Organized Cheer Support Inc has a Mission Score of 80/100. Revenue: $12.5M. Assets: $372K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Organized Cheer Support Inc?
The Employer Identification Number (EIN) for Southern Organized Cheer Support Inc is 161761113. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Southern Organized Cheer Support Inc spend its money?
Southern Organized Cheer Support Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Organized Cheer Support Inc's tax-exempt status?
You can verify Southern Organized Cheer Support Inc's tax-exempt status using EIN 161761113 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Southern Organized Cheer Support Inc. demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past decade. While the latest reported revenue for 2023 was $501,927, this is a substantial decrease from the $12,541,269 reported as 'Latest Revenue' in the prompt, suggesting a potential discrepancy or a very recent, large change not fully reflected in the latest 990 filing provided. The organization consistently reports 0% officer compensation across all provided filings, which is a positive indicator for minimizing administrative overhead related to executive pay and suggests a volunteer-driven leadership or very modest compensation not categorized as officer pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the 990s, it's challenging to fully assess spending efficiency.
The organization's assets have shown some growth, from $169,563 in 2014 to $267,100 in 2023, while liabilities have also increased, reaching $108,248 in 2023. The overall financial health appears stable in recent years, with revenues generally exceeding expenses, leading to a positive net asset position. The lack of reported officer compensation enhances transparency regarding leadership costs, but a more granular expense breakdown would further clarify operational efficiency and program focus.